Industrial semi market grows 18%

by david manners - Electronic weekly, May. 26, 2015 – 

Industrial semiconductor revenues grew by 18% after 13% growth in 2013. in 2014, according to IHS. It was the highest annual growth since the 36% boom in 2010. The sector is now worth $40 billion a year.

The IHS list the market drivers as: automation control, commercial avionics, LED lighting, digital internet-protocol cameras, climate control, renewable energy, traction, wireless application-specific testers and oil and gas exploration equipment.

For this year, IHS expects 7% growth ? a deceleration caused by slower growth in memory, logic and analog products used in building and home control, military and civil aerospace, and test and measurement.

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